APY = Annual Percentage Yield. The disclosed dividend rates are variable and may change after the member opens the account(s). Business Primary Savings Accounts require a minimum balance of $5.00. Dividends are calculated and paid monthly based on the average daily balance during the month. Business Money Market accounts require a minimum deposit of $5,000.00 to open the account. Tier interest rate share accounts will reflect a blended APY on the periodic statement.
Fees or penalties may be imposed for early withdrawals. Fees could reduce earnings on the accounts.
Business Saving Account Rates
Type
Dividend
APY
Primary Savings - $0.00 to $4,000.00
0.10
0.10
Primary Savings - $4,000.01 or greater
0.20
0.10 - 0.20
Special Savings
0.20
0.20
Business Money Market Accounts
Type
Dividend
APY
Business Money Market Tiered Rate - $5,000.00 to $25,000.00
0.60
0.60
Business Money Market Tiered Rate - $25,000.01 to $50,000.00
0.80
0.60 - 0.70
Business Money Market Tiered Rate - $50,000.01 to $100,000.00
1.00
0.70 - 0.85
Business Money Market Tiered Rate - $100,000.01 to $200,000.00
1.20
0.85 - 1.03
Business Money Market Tiered Rate - $200,000.01 or greater
1.40
1.03 - 1.37
Business Jumbo Money Market Accounts
Type
Dividend
APY
Business Jumbo Money Market Rate (Balance $5,000.00 to $200,000.00)
0.60
0.60
Business Jumbo Money Market Rate (Balance $200,000.01 & greater)
